CnEVPost Newsletter: How NIO breaks German carmaker's pricing; Under-the-radar users underscore urgency of overseas expansion
NIO president explains how EV maker disrupts German automaker's pricing and how it sees current losses - CnEVPost — cnevpost.com In an interview with McKinsey, NIO co-founder and president Qin Lihong explained in detail the results of the company's user operations and the longer-term considerations.
NIO's global expansion: Demands of under-the-radar owners underscore urgency - CnEVPost NIO wanted to make sure it could provide a good experience for its users before deciding to enter a new overseas market, but some users may not be able to wait any longer.
NIO Capital reportedly leads investment in local computer CPU maker CIX Technology - CnEVPost NIO Capital led a recent funding round of about $50 million in ARM CPU startup CIX Technology, bringing the company's post-investment valuation to about $300 million, according to local media.
NeoPark included in Hefei's latest list of open roads for autonomous driving testing - CnEVPost On April 29, NIO announced that the first tooling trial (TT) builds of the ET5 sedan rolled off the line at NeoPark on the first anniversary of its construction launch.
Li Auto in spotlight for Li L9 test car suspension breakage - CnEVPost The failure in the Li L9 test car is a one-off issue for non-production models, and Li Auto will address the issue in the final production vehicle, the company said.
CITIC Securities dismantles Tesla Model 3 to 'observe EV trends' - CnEVPost In a 94-page report, CITIC Securities shows the entire process of dismantling a Tesla Model 3.
CATL reportedly considering Mexico plant to potentially supply batteries to Tesla and Ford - CnEVPost The two sites CATL is considering are both near the Texas border, and the company is considering investing as much as $5 billion in the project, according to Bloomberg.
Lotus' Wuhan plant sees first vehicle of Eletre 'Hyper-SUV' roll off line - CnEVPost Lotus' Wuhan plant, with a total investment of more than RMB 8 billion ($1.2 billion), was officially completed on July 15.
Arcfox α-S with 'Huawei Inside' officially begins volume deliveries - CnEVPost This is the first production vehicle to be equipped with Huawei's full-stack smart car solution, and its delivery comes more than a year after its unveiling.